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Search Results 0 to 49 of about 131 (some duplicates have been removed)
fought our way out of these deficits and the last 12 years when we have gone from 4 trillion dollars in debt to 16 trillion dollars today? >> i am glad you mentioned that number. it is going to cause a huge problem. if you have cancer you do not wait until it is over your whole body. get all of these things, really explain the problem, and hopefully we will get people to deal intelligently with the problem. your wife he ran on fiscal responsibility in washington, declining trust in government, in addition to nafta. the truth is we are much worse on all of those issues today than we were in 1992. gooif you look back at 1992, in part because of the world ross , they did several things. impose budget controls and taxes when they thought they were responsible. they did the right thing for the country. president bush 43 -- his term is over. whoever the next president is needs to change course, because if we do not, the problems of europe could have here. >> we are going to talk about some of these issues of 9-11 and the war and the health -- in the tax cuts of 1998, but let me take you ba
. the leaders of the spanish regions have agreed to a strict limit on their deficits for this year. spain's overall deficit is expected to be well above the european union target. germany prospered largest insurance company has gone public. >> is the highest initial public offering late germany in about one-and-a-half years. the chief executive officer has run in a new era for the company. they have made over half a billion euros. he says the money will be used for consolidation and he is not planning any new acquisitions in the next two years. that ipo could be a hopeful sign for shares in the coming months. our markets correspondent has more from frankfurt. >> the ipo is a sign of hope for many traders. they are hoping for more ipos to come. 20% of the german mobile phone operator will soon be sold on the stock market according to its parent company. of the ipo process is planned to start as early as this week. all of this is good news for people in the trading floors because ipos only work when there is a certain not of confidence on the markets. a certain amount of reliability. with a
an impact on solving the deficit and our debt picture in the 1990's? things improved >> i do not want to take credit for it, but i am pleased there is a breathing period where we are going in the right direction. now we have heard it around and it is going through the roof and is inexcusable. what is interesting is that hardly ever gets discussed, and in the papers, on the media, you would think this is front- page news. it is not. >> absolutely no question that his candidacy caused president clinton to make fiscal responsibility and much higher priority. no question. clinton will tell you that. people in his administration will tell you that. he made the difference even though he did not win. the polls will also tell you in july he was leading. in addition, the exit polls will tell you that the people who voted, if they thought they could have won, they would have voted for him and he would have won. much worse today than we were then, and people know it. >> do you think we're much worse today because he was not elected? >> we have lost our way. >> that is history. we're on the edge
to avoid that before the end the year with the deficit reduction plan that deals with the expiring tax cuts and the $1 trillion cuts to defense and domestic programs. a new report out today says this could be a plan developing to help lawmakers move forward on it all. "new york times" reports that colorado democratic senator bennett and tennessee republican senator alexander are representing their parties and would in part set a deficit reduction target of $4 trillion over 10 years. congressional committee would do the work taking six to 12 months figuring out how to achieve that with tax increases and cuts to federal programs. if that fails, part two would then be an automatic deficit reduction structure in effect, likely similar to simpson-bowles. finally, lawmakers are likely under this framework, to vote to put off the tax increases and the automatic spending cuts physical some sometime in 2013. barring some action, here are examples of what would happen in 2013. if your income is $40,000 to $60,000, your taxes go up $2,000 next year. if you are in the top 20 percent with an income over
time. [laughter] on the deficit, it was, you know, deficit doesn't matter. and yeah and biology too a guy in missouri too. so the question to me is what happens the morning after the morning after the election if romney loses? the morning after they'll say it wasn't because he wasn't far night enough. i wonder the morning after the morning after. a lot of people say we have gone too far to the right. we need a different republican party. we need a center right republican party. i think the country needs. because it needs to be a check on the left and the center left, and it's the only way we're going get big comprises on the big issues. >> can i add, i mean, a little history can clinton and rage. the second term was the productive term. the big achievement. it's hard no know whether the republican party will -- where they will push the blame if that happens. but the question is how they decide to spend the next four years. and i think it's very hard to tell. but there is some hope in looking back at both clinton and reagan. >> reagan was considered a far-right lunatic running a far
on handling the deficit and joblessness, but trails on virtually every other big issue, including medicare, taxes and foreign policy. keeping them honest, when it comes to some of those issues, both candidates have come up short either on specifics or credibility. issues like cutting taxes without ballooning the deficit or burdening the middle class. the romney campaign has been asked again and again for specifics. here's running mate paul ryan just yesterday on fox news. >> there's been a traditional democrat and republican consensus lowering tax rates by broadening the tax base works. and you can -- >> i have to -- you haven't given me the math. >> well, i don't have -- it would take me too long to go through all of the math. >> chris wallace kept trying but came away empty-handed. he's not the only one. take a look. >> which of the deductions are you going to be willing to eliminate? which of the tax credits are you going to -- when are you going to be able to tell us that? >> we'll go through that process with congress. >> give me an example of a loophole that you will close. >> i can
trillion national debt we have runaway deficits each and every year. we need to have the people down there and focus in a bipartisan matter. we do not need blood and teeth in the streets. we need people will find solutions. >> in this state, the legacy of senator kennedy is well known. part of that legacy is being able to compromise and work with republicans. can you name republicans in the senate that you are able to work with on big issues that the country faces? >> probably richard would be one that comes to mind. >> not going to be there. >> that is a problem. >> let me ask the question. are there any republicans that will be in the senate that you fill you can work with substantively and compromise with? >> it depends on what the subject matter is. let me give you an example. on the question of fannie and freddie -- fannie mae and freddie mac. the republicans have said across the spectrum that we need to revise fannie and freddie. i think there are wrong. at the that is an issue i think i could work with virtually every republican in the united states senate because it is an imp
will try to use the lame duck session to reach a comprehend len sif deal to cut the deficit instead of a short term solution. lawmakers will reportedly agree on a specific target likely around $4 trillion over ten years and they would vote to put off the automatic tax hikes and spending cuts set to take effect in january. but with the deficit coming down payment to signal how serious they are. jim, how sdw this get resolved? >> well, i haven't heard that sister, but that's what we've been picking up, that in the background of all these guys working on the deal already. soon after the election, our best guess is that there will be one. not too different from that story actually. >> qe-3 meanwhile, how does that play? does that continue to support lift asset prices? how do commodities get in the wash between slowing chinese growth and fed action? >> that's a good question. because i think it's a big one. i think we're not three weeks into qe-3 yet and the populous mind set of the markets is that we're done qe-3, let's move on to whatever's next. qe-3 is in my opinion very different fr
the deficit in half in his first term. he's not been asked the simple basic questions by anybody. how did we get to -- >> except by univision. >> sean: one example. >> they haven't even hit him on the outright lie about libya. another anticipated obama argument, this crisis was caused by two wars and push tax cuts. that's so easily refuted. 2007, $161 billion deficit with two wars raging and bush tax cuts implemented in 2003. what romney really needs to do, though, is stress the urgency. none of this john mccain, obama will make a fine president. no. if obama is re-elected, this country is over as we know it. >> yeah. >> he needs to stay that in no uncertain terms. i say this, not because i'm a partisan, i'm scared to death of our lifetime earnings being in jeopardied, i'm scared to death of our liberty, of our prosperity. the american dream is gone. he doesn't believe in opportunity. he believes in expanding the welfare state and the dependence cycle. he believes in expanding obama phones and not putting people back to work and giving people human dignity. >> right. >> sean: i've never met
. reduce our deficit by... next decade, on top of the... already cut. little more. afghanistan... pay down our debt and... nation-building... right here at home. patriotism, rooted in the... begins with a strong... thrivi middle class. read my plan. and decide for yourself. thanks for listening. this message. clock is ticking down for fiscal cliff. >> north american households pay $3,500 more in taxes if endress does not act by the of the year. automatic budget cuts and tax .ncreases will go into effect but it will 1 happen until election. tonight, breast cancer awareness means youderway which the color lot more of pink around. >> pamela brown has the story. pink,ough the power of georgetown university spending less critics sending a strong message. every -- these are sending a strong message. grandma have it, it scary knowing it is a possibility. but she is not alone. their passion stems from pain. >> for many of the girls out tonight, seeing in the white house right across the in pink gives them hope. that myves me hope ones, maybe someday no one will. >> the breast cancer protection req
deficits. president obama says it's not a concern in the short-term. the debate tomorrow night and the obama camp there's concern that he is so smart, we won't understand what he's saying and this morning the media displays headlines that are clearly negative on governor romney. the dow will open higher again. congress is said to be working on a budget deal. that's a plus for stocks, but question, has the little guy missed this rally? we've got it all. wait till you hear herman cain go after a student heckler and wait until you see bill o'reilly on this program today. "varney & company" is about to begin. [ male announcer ] the markets keep moving. make sure the news keeps coming with thinkorswim by td ameritrade. use the news links breaking stories with possible breakout stocks, options with potential opportunity, futures and forex with in-depth analysis. it's an all-you-can-eat buffet for all things trading. thinkorswim by td ameritrade. it doesn't just deliver news. it's making news. trade commission free for 60 days, plus get up to $600 when you open an account. pfollow the
do anything to create a job, do anything to educate a child or do anything to bring down the deficit. but attempts at attacks and character assassination the way that mr. powell's been about tonight, frankly, make it a lot harder to solve problems, to compromise, to sit down and actually get something done. but i think that, mr. powell, you underestimate the decency of the voters of the seventh district, and i've had the privilege of representing this district for almost 12 years. and i can tell you we're honest and hard working people, and i have every confidence that the voters are going to reject your negative campaign. but i want to end this debate where we began. this election is about the future and about what kind of country we want to be. now, there's one path that i've advocated, lower taxes, less regulation that will produce more jobs. mr. powell's view is we need to raise taxes, we need government coming in and imposing regulation on businesses. but the fact is, we all know that the unprecedented prosperity of america did not come because the government just spent more mon
is making it easier for congress to rack up huge deficits. he also argued for the aggressive bond buying program designed to reduce interest rates and boost hiring. darren gersh reports. >> reporter: you can expect to be hearing a lot from ben bernanke is the coming months. having pushed the federal reserve to adopt an aggressive and open-ended asset purchase program, the chairman is now defending what he did and why. and bernanke says he won't change course before many more americans are back at work. >> we expect that a highly accommodative stance of monetary policy will remain appropriate for a considerable time after the economy strengthens. >> reporter: economists at barclays read the chairman's remarks to mean the central bank will keep buying treasury bonds at current levels into the coming year. >> it represents urgency for the fed. obviously, purchasing at about $85 billion per month and operating across a wide range of interest rate markets suggests the fed is indeed trying to push this faster while unemployment remains high. >> reporter: conservatives have gone after bernanke
whether or not psycho paths have affective deficits. absolutely they do. there has been hundreds of years of psychiatric research shows that they do. you have this two prong thing. on the one hand more dangerous if you release them and don't treat them. on the other hand, they're affectively different. there was a very nice article in the "new york times" magazine on mother's day about children who have these emerging traits and how we would develop and understand and treat them. it's a small percentage. my goal is to develop better treatment so they can keep them off that trajectory towards life course persistent problems. >> are you saying that people that have the brain structure that you have identified will always be lacking in volitional control or impulse receive to the extent that they are criminals? do we have a subset of people that are criminals because of their brains? >> i should really differentiate psychopathy from criminality. there are a lot of reasons why individuals engage in different criminal activity. it's a very small percentage of prisoners that are just about 15 t
that deficit financing is the easiest thing to do. it seems free to people. unless we hold congress to budget constraints, and until the american people told congress to budget constraints that are necessary, we will not make progress. the idea, i guess, i know there's a high probability that a can will get kicked again, but i think we have to put pressure on this notion that if politicians really care about being fiscally responsible, they have to actually follow through on their claims that is what they want to do. >> donald, what do you think? you think that congress can do this through a well-organized process, or does this have to happen in a grand bargain that happens relatively quickly? >> it is fun to talk grand bargain. i have been with many of those conversations. it is fun to gather people around the table and give them pizza and coffee and hammer out the grand fiscal bargain. there are several of them out there in various levels of detail. but it remains difficult for me to believe that congress is ready to get there yet, or frankly, that the american people are ready to get there
into recession and cost too many jobs of the other hand would also go a long way to produce budget deficits. even by washington standards that seems pretty important. to discuss the cliff and its consequences of a panel of the four but it did it cover in budget watchers. bob greenstein is on the senate priorities and that of president obama's transition team policy work. douglas holtz-eakin is president of the american action forum and headed the domestic policy staff in the campaign ad was the director of the congressional budget office. donald marron is the director of the tax policy center and member of george bush's advisor and acting director of cbo and finally, digamma rogers blogs as an economist and was the chief economist of the house budget committee for the democratic staff of the house ways and means committee. the format today will be relatively straightforward. each of the panelists will speak for five minutes. i will ask some questions and we will get a discussion going up here and then turn to the audience to give you all a chance to ask questions. we have people watching on c-spa
to start talking about the issues. they're going to start talking about the economy. why the deficit's been above $1 trillion now four years running, and maybe if the moderators get into it, what's happening in the middle east, and what they think they can do about it. i think that governor romney's plan's going to be to try to stick to the substance because i think the country knows we need a change. >> i'm only half joking about kicking out of the room. metaphorically, a lot of republicans want to see mitt romney do just that to the president. they want to see him verbally beat him up and make the points that you've made crystal clear and win the argument. but there's another argument that says that one of mitt romney's problems is he's not likeable enough and he may need to turn on the kind of easy ronald reagan charm which he deployed so successfully in debate. it's a fine line, isn't it, between being hard and aggressive and making a point, but also coming over as likeable. >> right. and piers, really, the way to deal with that, and i think this is true for any debate but especially on
his stances around immigration. here is a candidate looking at a huge deficit in some of these swing states, deficits among hispanics, deficits among women. he's got to make ground up in this 90 minutes. it's not a long time. he has to please republicans who have been calling for him to get more specific in terms of his plans around tax reform and all sorts of other ideas he has. he has a real tall order going into this debate. >> governor romney is dogged about the 47% remark. i want to show the interview he did this week with a local affiliate. >> if you could go back to that fund-raiser, would you have said it differently? >> it's difficult for me to know how they will cobble 51% of the people. i'm going to be a president for the 100% of the people. i demonstrated throughout my life. >> the question should be if you could go back, would you sweep that room for cameras to make sure you weren't being recorded. will that answer be enough when asked about this? as he is sure to be asked about this tomorrow night. >> i'm sure, obviously, that was a very inartful statement he said. i'm
a budget come out that continues to bring the deficit down to sustainable levels. europe has pledged to work in partnership with spain to make sure its banks get recapitalized and continue to afford a access the markets. we will see as they work in the partnerships the days ahead again, they have the tools and we see the political will on the part of the spanish go >> you watch spain, you just got back from china. i have a bunch of questions about china, stories in the paper, lael, in china is the first question, the second question is the republican nominee, mitt romney, has accused the obama administration of not being tough enough on china. the third question you have a report coming out october 15th on whether china is a currency manipulator. what are you going to say? >> well, let me just start with your first question. china's leadership team is undergoing a transition process and confront important questions how they are going to take forward their economic policy. steve, as you know, since day one, president obama's been extremely focused on achieving a more balanced relation
, and the budget deficit. for obama he holds the advantage on domestic issues, education, medicare, taxes, immigration and health care. these noneconomic issues are the first topics up for debate wednesday night. voters will be judging the candidates personal qualities. obama's favoritability rating
, a balanced plan to reduce our deficit by... four trillion dollars over the next decade, on top of the... trillion in spending we've already cut. i'd ask the wealthy to pay a little more. and as we end the war in afghanistan... let's apply half the savings to pay down our debt and... use the rest for some nation-building... right here at home. it's time for a new economic patriotism, rooted in the... belief that growing our economy begins with a strong... thriving middle class. read my plan. coare to governor romney's, and decide for yourself. thanks for listening. i'm barack obama and i approve this message. captioned by the national captioning institute --www.ncicap.org-- >> two bill passes middle school students suspended after a video shows competing another child on the school bus. the victim, a 12-year-old boy, said the studio brother is insulting and first and then they started throwing punches. his mother had no idea what happened until the video hit the internet then she alerted the school. >> i have been a big advocate if you nor your child is being bullied, let the
... tuition in half and... americans can afford it. reduce our deficit by... next decade, on top of the... already cut. little more. afghanistan... pay down our debt and... nation-building... right here at home. patriotism, rooted in the... begins with a strong... thriving middle class. read my plan. and decide for yourself. thanks for listening. this message. >>> we are celebrating international socky week. to celebrate this restaurant located in baltimore has sensitive any with an array of beverages so that we can get into it. i too, like it. what are you going to prepare today? >> what i'm going to do is find a couple that would be perfect for you. that's sort of what our restaurant is tailored to. we have 102 lists. >> i like sour martinis. >> knowing you like apple martinis and vodka and a little citrus, i would start with this. it's by a brewery -- [indiscernible] it's the second highest quality level for sockeye. you taste a little more alcohol on the second sip. >> i am in favor of everyone drinking. you're also a champagne lover. >> i love champagne. >> this is a very special s
-- a little bit of a deficit for the month of december. it is looking promising. semin to degrees. that is average for the day. 48 for the menlo -- for the morning low. probably will not see temperatures cooling off much at all. i think it will be rain around for the morning rush hour. 55 in the coolest burster is 62 in a downtown bar to more -- 62 in downtown baltimore. even though we will see clouds and showers for tuesday and parts of wednesday, temperatures will continue to be above normal. wednesday, a few isolated showers. expected to stay mainly cloudy. thursday and friday, some sun. tomorrow, 73-78. in light southeast wind. showers are likely. western maryland, temperatures will stay in the 60's for a couple days. showers are likely to mark. 80% chance. that the minister is as we get further into the week. eastern shore, rain likely to mark. off and on. fog also in the morning. temperatures warm to 79 on the eastern shore. clearing a lid on wednesday. -- a little on wednesday. day. low 80's on thursday and friday. the the the temperature drop by sunday and monday. high tem
deficit to talk about as well. we are running at 11% of average rainfall, adding to that fire danger. temperatures will stay pretty warm this evening and overnight tonight. but after tomorrow, there is a significant weather change. we're going to other direction. >>> prosecutors say gisele esteban killed leigh out of jealousy for a boyfriend. >>> a judge has suspended court proceedings for the man accused of carrying out a mass shooting in oakland. 43-year-old one goh's lawyer is questioning his mental capacity to stand trial. the judge ordered two psychiatrists to examine goh and report their findings in court next month. goh is accused of killing seven people at oikos university in april. >>> an albany middle schoolteacher who had been accused of lewd acts with a former student has died. james izumizaki was a popular sixth grade teacher. he was arrested last wednesday after police received a complaint and posted bail. the alameda county sheriff's office is investigating the death as a suicide. >>> most of us know a water reservoir that supplies the bay area with clean water and ene
. deficit larry mean that is you are spending more than you are taking in. there are two things that you can do. you have to look at the spending to determine what you have to hold on. you have to set a priority to control spending. in the second thing you must have a program to increase growth in this country and new revenue. that makes a lot of the decisions about spending easier. you get more money coming in. >> president, you have been accused by your critics of failing to deal with entitlement spending reform and basically trying to raise taxes as the only means of deficit spending. are those charges fair? >> absolutely not. we had a deal going. myself and mr. baynor until mr. can toter stepped in. what i could support is that we would have tax cuts and we would have cuts in the budget and in areas certain revenues and increased ed in taxes. it seems fair $1 of tax increases and $3 to $4 of cuts in the budget. >> 3, to $4 to $1. could you guy into that? do you think your fellow republicans could buy into that? >> the more taxes you raise, the less growth you get. that is a economic pro
are in a tie. governor romney leads when it comes to the handling of the budget deficit. however, the president is ahead on every other issue including health care and national security. we have team fox coverage. carl cameron has the latest from the romney campaign. first, we go to ed henry in las vegas. what do we know about the president's debate prep? >>reporter: they have tried to keep that quiet. we have spotted senator john kerry who is playing mitt romney in the mock debate sessions for the president in the las vegas area. he has been spotted in the lobby of the hotel, with reading glasses and a pile of papers, going through this like it is a final exam and researching every last bit. the president, when he delivered pizza to campaign volunteers to show he has a calm, cool image headed into the debate, he made clear he also things this is like a final exam. he has been holed up, long hours, inside, dealing with a big workload. >> it is all very nice. although they keeping me indoors all the time, that is a drag, they are making me do my homework. >>reporter: the president says he is doi
in automatic spending cuts hits on january 1st. the plan includes reducing the deficit by about $4 trillion over ten years. an overhaul of the tax code and changes to medicare and social security. several tax cuts could also end if the cliff is not avoided, meaning about $3,500 more in taxes for the average household. >>> american university is warning students to be on alert after a string of incidents where a man has groped students near campus. there have been four reported incidents in the last week. the most recent one happened sunday night on massachusetts avenue. police say the suspect comes up from behind, grabs girls inappropriately, and then runs away. >> i normally feel really safe around here. i'm not in the city or anything. that's a little bit terrifying. >> something's got to be done. i mean, it's definitely uncalled for and not okay. >> au sent an e-mail to students to alert them about the attacks. the university is asking the students to walk in groups and only in well-lit areas. >> 6:06 right now. today marks the tenth anniversary of the sniper killing spree. the first att
about new spending at a time when people are very concerned about debt and deficit. but as these folks continue to believe that their man is going to carry the day on november november 6th, they probably want to get in line first. neil: if there is always the risk when word of this leaks out that they look like they are decorating the office before they are guaranteed they're going to have it. now, if you are barack obama you already have it. what is to stop you from san amide looked at that new drug. you know what i mean. it does seem to be a sense that, you know, they are planning for a victory that might not happen. if this gets out then it could strike a lot of voters as, at the very least, arrogant. >> i think that they are forgetting that president obama is not the only piece of the puzzle. you still have a republican house which republicans that it will a lot to. mitt romney loses, paul ryan will still be the budget chairman. democrats can line up all these big spending initiatives if they want to, but the fact is that the house is still going to be majority republican. if repub
Search Results 0 to 49 of about 131 (some duplicates have been removed)